What are the responsibilities and job description for the Market Risk Analyst – Repo & Government Securities position at Solving IT?
***Please note-we cannot work with Third Parties on this position***
Market Risk Analyst – Repo & Government Securities
Location: Chicago, IL, may be open to New York, NY
Hybrid Position
Type of Role: Contract to Hire (W2-Benefits Eligible)
Rate: $45-$50 per hour
Our client is building a new Securities Clearing House and is seeking a Market Risk Analyst to help launch and support this strategic initiative. This role will focus on Cash Treasuries and Bilateral Tri-Party Repo, providing daily oversight of market risk while helping protect the clearinghouse from market, liquidity, and counterparty risk.
This is an excellent opportunity to join a brand-new business line and work alongside experienced Market Risk, Credit, and Quantitative teams in a highly visible role.
What You'll Do
- Monitor real-time market risk exposure for cleared Treasury and Repo products.
- Analyze market, trading, and credit data to identify emerging risks.
- Perform daily credit, liquidity, and stress testing for the clearinghouse.
- Partner with Credit, Quantitative, and Financial Surveillance teams to develop and enhance risk models and parameters.
- Support default management activities and clearing member risk assessments.
- Prepare reports and risk analysis for senior leadership and governance committees.
- Assist with regulatory reporting and ad hoc requests.
- Monitor compliance with clearinghouse rules and applicable regulations
What We're Looking For
- 2 years of experience in Market Risk, Risk Management, Trading, or Trading Support.
- Experience with Repurchase Agreements (Repo) and Government Securities.
- Knowledge of Fixed Income and Treasury Markets.
- Experience monitoring trading or market exposures.
- Strong analytical and quantitative skills.
- Advanced Excel skills.
- Bloomberg experience preferred.
- SQL knowledge is helpful but not required.
- Experience working with relational databases (MS SQL or Oracle) is a plus.
- Excellent written and verbal communication skills.
- Ability to work independently and collaborate across multiple teams.
- Security clearance experience is required.
Preferred Experience
- Fixed Income Clearing Corporation (FICC)
- Clearing House Risk
- Treasury Market Risk
- Repo Trading
- Government Securities Trading
- Counterparty Risk
- Liquidity Risk
- Credit Risk
- Financial Market Infrastructure (FMI)
Please note: Because this position has a strong likelihood of converting to a permanent role, candidates who will require future employment sponsorship are unlikely to be considered.
This role is ideal for someone who enjoys working at the intersection of market risk, Treasury products, and financial markets while helping launch a new clearing business from the ground up.
Salary : $45 - $50